Is it Good Time to Bail on Dynagas LNG Partners LP [DLNG]? Let’s Look at the Charts

In a recent bid Dynagas LNG Partners LP [DLNG] faced a contemporary bid of $2.32 yielding a -7.20% decline where 0.73 million shares have exchanged hands over the last week. DLNG amount got a fall by -14.39% or -$0.39 versus $2.71 at the end of the prior session. This change led market cap to move at 113.52M, putting the price 136.73% below the 52-week high and -41.56% above the 52-week low. The company’s stock has a normal trading capacity of 0.73 million shares while the relative volume is 12.35.

On 12, November 2020, Dynagas LNG Partners LP Reports Results for the Three and Nine Months Ended September 30, 2020. According to news published on Yahoo Finance, Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three and nine months ended September 30, 2020.

Analyst Birdseye View:

The most recent analyst activity for Dynagas LNG Partners LP [NYSE:DLNG] stock was on January 28, 2019, when it was Downgrade with a Neutral rating from B. Riley FBR, which also lowered its 12-month price target on the stock from $10.50 to $2.65. On November 20, 2018, Wells Fargo Reiterated an Underperform rating and plunged its price target on this stock from $6 to $5.25. On November 09, 2018, B. Riley FBR Initiated a Buy rating and increased its price target to $10.50. On September 06, 2018, Berenberg Initiated a Hold rating and increased its price target to $9. On April 24, 2018, Wells Fargo Downgrade an Underperform rating. On April 19, 2018, Maxim Group Reiterated a Buy rating and decreased its target amount on this stock from $15 to $12. Stifel elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.98 and a peak of $3.97. At the most recent market close, shares of Dynagas LNG Partners LP [NYSE:DLNG] were valued at $2.32.

FUNDAMENTAL ANALYSIS

Dynagas LNG Partners LP [NYSE:DLNG] most recently reported quarterly sales of 34.35 billion, which represented growth of 10.10%. This company’s Gross Margin is currently 76.10%, its Pretax Margin is +2.76, and its Net Margin is +2.77. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 0.35, 1.13, 5.97 and 0.42 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 67.55 and the whole liability to whole assets at 66.03. It shows enduring liability to the whole principal at 62.85 and enduring liability to assets at 0.61 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 2.05 points at 1st support level, the second support level is making up to 1.77. But as of 1st resistance point, this stock is sitting at 2.75 and at 3.17 for 2nd resistance point.

Dynagas LNG Partners LP [DLNG] reported its earnings at $0.21 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.19/share signifying the difference of 0.02 and 10.50% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.2 calling estimates for $0.15/share with the difference of 0.05 depicting the surprise of 33.30%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Dynagas LNG Partners LP [NYSE:DLNG] is 3.80. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.25. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.57, it’s amount to book ratio is 0.40 and showing 4.76 of P/E (TTM) ratio.